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Many companies do not pursue R&D tax relief claims as they are under the impression that the government grants, they have received, prevent them from doing so.
One of the common misconceptions seen across all industries is the idea that R&D tax relief can only be claimed where a project has completed or where an end result was achieved successfully.
Shortly after the government’s 2020 Spring budget was announced, CBILS was introduced as a form of government funding to help businesses through the effects of social distancing.
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